Twitter loses 450 employees over the past year, FT says More than 450 Twitter staffers have left over the past year as the messaging platform looks to find its identity as a public company, says the Financial Times. Reference Link

Twitter, Facebook profitability gap 'vast,' Re/code reportsTwitter's (TWTR) recent stock stumble has created the appearance of a potential bargain compared with Facebook (FB), though in reality the difference in growth and profitability between the two companies is enormous, the Wall Street Journal reports. Analysts forecast Twitter posting negative $200M in EBITDA this year, with Facebook expected to post positive $8B, the report says. Reference Link

Facebook price target raised to $110 from $94 at CowenCowen analyst John Blackledge raised his price target for Facebook (FB) to $110 ahead of the social media giant's Q2 results on July 29. Investor sentiment has grown more positive recently given Facebook's "explosive" video growth and the opening of the Instagram platform to advertisers, Blackledge tells investors in a research note previewing the Q2 results this week for Internet names. He keeps an Outperform rating on the stock. Blackledge also keeps Outperform ratings on LinkedIn (LNKD) and IAC (IACI) as well as a Market Perform rating on Twitter (TWTR). Those three companies are also reporting Q2 results this week.

Twitter's Adam Bain could step in as permanent CEO, NY Post saysFollowing interim Twitter CEO Jack Dorsey's IPO filing for Square, Twitter president of global revenue and partnerships Adam Bain may be tapped for the role of permanent CEO, reports the New York Post, citing sources. Board member David Rosenblatt could also be a "wild card" contender, added the sources. Reference Link

Twitter announces event targeting Twitter announced, on its blog, that the company is instituting event-based advertisement targeting. The company stated that event targeting utilizes three tools, an event calendar, event insights, and event activation. The company stated, "With event targeting, you can activate around live moments, quickly and easily. We’ll help you discover and plan for these moments, learn more about the participating audiences through valuable insights, and with one click, create a campaign that delivers the right message to just the right users as the event unfolds." Event targeting is now available to all Twitter advertisers globally. Reference Link

Herbalife requests user information from Twitter, Reuters reportsHerbalife (HLF) has filed a petition seeking information from Twitter (TWTR) to find an anonymous user who posted defamatory tweets against Herbalife, Reuters reports. Herbalife wants Twitter to provide IP addresses as well as account details of the user so that the company can pursue legal action, the report says. Reference Link